A shopkeeper earns a profit of Rs 20 by selling a notebook and incurs a loss of Rs 5 by selling a pen. On a particular day,the shopkeeper sold 6 notebooks and incurred a loss of Rs 150. how many pens did the shopkeeper sell that day? find his net profit and loss.
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Explanation:
Total loss given = Rs. 5, which we denote by Rs -5. Therefore, loss incured = Total Loss - Profit earned. Loss incurred by selling one pencil = 40 paise, which we write as -40 paise.
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